Initial Statement of Beneficial Ownership (3)
19 Mai 2020 - 10:48PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Friedman Martin S. |
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/18/2020
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3. Issuer Name and Ticker or Trading Symbol
Westbury Bancorp, Inc. [WBBW]
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(Last)
(First)
(Middle)
C/O FJ CAPITAL MANAGEMENT LLC, 1313 DOLLEY MADISON BLVD STE 306 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) ___X___ Other (specify below) / (See Remarks below) |
(Street)
MCLEAN, VA 22101
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 283562 | D | |
Common Stock | 30521 | I | See footnote (1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | Martin S Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital") , which is the Managing Member of Financial Opportunity Fund LLC ("FOF") which holds 283,562 shares of the issuer. Martin S. Friedman, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the 314,083 shares of the issuer held by FOF and a separate managed account. Mr. Friedman disclaims beneficial ownership of the Shares reported herein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
Remarks: On May 18, 2020, Westbury Bancorp, Inc. (WBBW) filed their form 10-K. Subsequently, FJ Capital discovered WBBW had completed a stock repurchase which resulted in FJ Capital exceeding the 10% ownership threshold. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Friedman Martin S. C/O FJ CAPITAL MANAGEMENT LLC 1313 DOLLEY MADISON BLVD STE 306 MCLEAN, VA 22101 |
| X |
| (See Remarks below) |
Signatures
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/s/ Martin Friedman | | 5/18/2020 |
**Signature of Reporting Person | Date |
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